Articles
Newsletter
| Individual Health Insurance can save you money |
 |
 |
 |
| Written by Jeff Cline |
| Tuesday, 17 February 2009 11:35 |
|
Are you looking for the confidence to figure out on your own if Individual health insurance is a better option for you instead of you Employers Group policy? Well, this article will answer many of your questions. You will be able to make an informed decision based on the pros and cons you find here. It is no secret that health insurance rates are raising. So it is no surprise employers are not sharing as much cost for our group health insurance. They usually never cover our dependents. Dependent rates can be very high. And if they only cover a small portion of our coverage the rates are still unaffordable at times. Individual health insurance premiums are typically more affordable then group premiums. This rule is not true for everyone however. Carriers set rates according to factors such as age, location and medical conditions. So if you or your dependent is 55 and has a few medical conditions you may get the best rates through the group policy. There are times Group Insurance can end up cheaper and your only option. If you have a medical condition that is causing the individual carrier to significantly increase your rate or refuse coverage Group is the way to go. Group Insurance can not decline you coverage based on your medical condition. One of the pro's to going with individual health coverage is the freedom to choose a plan that suits your needs best. Carriers offer a huge array of different plans for you to choose. They have catastrophic plans, plans that allow office visits for a small fee (co pay) and even tax compatible plans called HSA's. When an employer offers group insurance, they pick the carrier, the plan and the benefits. In addition they only allow changes or additions to your policy once a year. You have no freedom to choose. They can change the carrier or plan anytime they wish and you may be forced to find a new provider. Employer group policies usually just cover medical. Vision and dental may be offered from your employer, but usually as a separate cost, separate plan and different carrier. With individual health insurance many of the carriers offer bundling. Which means you can have medical, dental and vision in one plan and one rate. You have much thinking to do now. You have to decide what is important. You now have to tools to make a good decision. Don't sell yourself short or be locked out of a good thing. Your needs should be tops when making this decision. About the Author: Agent Jeff Cline wants to help you with your individual health insuarance needs. We also offer Individual Health Insurance depending on your needs. We also specialize in Family Health Insurance. Call us if you have any questions, we are eager to help you with your needs. We are here 7 days a week. Our toll free number is 866.526.9669. Kindly provided by LJ-Marketing.dk You are welcome to use this article on your own website, if you include the link just before this text. |
Stumble It!
Members : 1254
Content : 2297
Web Links : 1
Content View Hits : 310174
Content : 2297
Web Links : 1
Content View Hits : 310174